Norway (NOR) and Uruguay (URY) Trade

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Norway-Uruguay: In 2019, Norway exported $19.1M to Uruguay. The main products that Norway exported to Uruguay are Processed Crustaceans ($11.8M), Other Measuring Instruments ($1.55M), and Woodworking machines ($1.48M). During the last 24 years the exports of Norway to Uruguay have increased at an annualized rate of 10.4%, from $1.78M in 1995 to $19.1M in 2019.

In 2019, Norway did not exported services to Uruguay.

Uruguay-Norway: In 2019, Uruguay exported $53.6M to Norway . The main products that Uruguay exported to Norway were Animal Meal and Pellets ($28.9M), Iron Pipes ($13.1M), and Frozen Bovine Meat ($8.3M). During the last 24 years the exports of Uruguay to Norway have increased at an annualized rate of 9.05%, from $6.69M in 1995 to $53.6M in 2019.

In 2019, Uruguay did not exported services to Norway.

Comparison: In 2019, Norway ranked 38 in the Economic Complexity Index (ECI 0.84), and 35 in total exports ($109B). That same year, Uruguay ranked 68 in the Economic Complexity Index (ECI 0.11), and 93 in total exports ($9.1B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, Norway exported $19.1M to Uruguay. The main products exported from Norway to Uruguay were Processed Crustaceans ($11.8M), Other Measuring Instruments ($1.55M), and Woodworking machines ($1.48M). During the last 24 years the exports of Norway to Uruguay have increased at an annualized rate of 10.4%, from $1.78M in 1995 to $19.1M in 2019.

In 2019, Uruguay exported $53.6M to Norway. The main products exported from Uruguay to Norway were Animal Meal and Pellets ($28.9M), Iron Pipes ($13.1M), and Frozen Bovine Meat ($8.3M). During the last 24 years the exports of Uruguay to Norway have increased at an annualized rate of 9.05%, from $6.69M in 1995 to $53.6M in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

Norway
Top Destination: United Kingdom, $20B

Uruguay
Top Destination: China, $2.63B

This map shows whether countries import more from Norway or Uruguay. Each country is colored based on the difference in imports they receive from Norway and Uruguay or the difference in the growth in imports.

In 2019, countries that imported more from Norway than Uruguay were United Kingdom ($20B), Germany ($15.5B), and Netherlands ($11.1B).

In 2019, countries that imported more from Uruguay than Norway were Brazil ($1.12B), Argentina ($438M), and Paraguay ($216M).

Comparative Advantage Norway - Uruguay

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Depth

Year

This chart compares trade between Norway and Uruguay by product, considering products traded by both, Norway and Uruguay.

During 2019, Norway had a large net trade with Uruguay in the exports of Foodstuffs ($11.8M), Machines ($2.93M), and Instruments ($1.8M).

During 2019, Uruguay had a large net trade with Norway in the exports of Foodstuffs ($29.1M), Metals ($13.8M), and Animal Products ($9.02M).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between Norway and Uruguay (using the HS6 product classification and the last year reported).

In 2018, the products from Norway that paid the highest import tariffs to enter Uruguay were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

In 2018, the products from Uruguay that paid the highest import tariffs to enter Norway were Refined sugar, in solid form, flavoured or coloured (35%) and Refined sugar, in solid form, nes, pure sucrose (35%).

Explore Tariff Data

*The tariffs present between Norway and Uruguay are:
136: Most Favoured Nation duty rate treatement
143: Norway Generalized System of Preference

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Norway has comparative advantage over Uruguay. Similarly, the more red a dot/product is, the more Uruguay has comparative advantage over Norway.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Norway - Uruguay

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

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